Monthly Archives: February 2026

25/02/2026

As part of its ongoing efforts to strengthen international economic partnerships and attract high-quality, value-added investments, the Algerian Investment Promotion Agency (AAPI) received, on Wednesday, 25 February, at its headquarters, a delegation of businessmen from Bosnia and Herzegovina. The visit aimed at exploring opportunities for implementing investment projects in the industrial and energy sectors in Algeria.

The delegation includes representatives from ENERGOINVEST, a leading company in energy engineering and heavy electrical industries, headed by its CEO Mr. Mirza USTAMUJIE, as well as representatives from HIFA-OIL, led by its CEO Mr. Izudin AHMETLIC, the main distributor of petroleum products in Bosnia and Herzegovina.

During the meeting, ENERGOINVEST expressed its interest in establishing an industrial investment in Algeria in the field of energy systems and equipment production, particularly high-voltage circuit breakers, electrical transformers, and their components. The company affirmed its readiness to form a partnership with an Algerian operator using the latest technologies, ensuring the transfer of expertise and technical knowledge accompanying the project.

This approach aligns with the company’s strategy to expand its international presence. After entering several European markets, it now seeks to enter the African market through Algeria, leveraging the growing dynamism of the country’s energy sector.

HIFA-OIL, the main distributor of petroleum products in Bosnia and Herzegovina, also explained that its visit aims to explore investment opportunities in the Algerian market and to study the feasibility of launching a project aligned with Algeria’s petroleum product needs, noting that a meeting has been scheduled with Sonatrach to discuss prospects for cooperation and partnership.

These discussions fall within a strategic orientation designed to attract technology transfer-based investments and strengthen local industrial integration, enabling the development of value chains in the industrial and energy sectors, increasing local content, and capitalizing on national capabilities in engineering and electrical industries, in addition to creating quality employment opportunities and promoting Algeria’s positioning as a regional industrial and energy hub.

In this context, the AAPI Director General confirmed the agency’s readiness to accompany Bosnian investors throughout the various stages of project implementation, highlighting the range of fiscal and quasi-fiscal incentives, as well as benefits related to economic land, provided under Algeria’s legal investment framework.

At the conclusion of the meeting, the Director General reiterated the agency’s commitment to providing all necessary facilitation and accompaniment to ensure the successful implementation of investment projects that contribute to economic development and strengthen international industrial partnerships.

February 18^th, 2026

As part of the institutional twinning project between the Algerian Investment Promotion Agency and the Federal Ministry for Economic Affairs and Energy of Germany, launched last November, the program’s Steering Committee held a meeting on Wednesday, 18^th of  February 2026, to evaluate activities carried out over the past two months and to follow up on the implementation of missions scheduled for the coming period.

The meeting, held via videoconference, was chaired by the Agency’s Director General and Project Lead on the Algerian side, Mr. Omar REKKACHE, and by the Director at the Federal Ministry for Economic Affairs and Energy of Germany and Project Lead on the German side, Ms. Gurlind HICKMANN, alongside a representative of the European Union Delegation in Algeria, Mr. Fausto PERINI.

The session included a detailed presentation of completed activities, providing an overview of achievements during the past period, particularly with regard to strengthening and improving investment promotion tools and techniques, developing data and statistical utilization for evaluation, and preparing reports and studies.

During the meeting, Mr. REKKACHE explained that the first phase of the program allowed for identifying initial gains and implementing the necessary adjustments and revisions to ensure better alignment between the project, the Agency’s needs, and national priorities related to attracting investment.

He affirmed that the main objective of the twinning is to enable the Agency to adopt best practices in investment promotion field, enhance its approach to targeting investments, and transform this program into a lever for institutional transformation with practical, tangible, measurable, and sustainable results.

He also praised the quality of exchanges that characterized the various meetings and missions between the Agency’s staff and German experts.

For her part, Ms. HICKMANN highlighted the results achieved during the first phase of the twinning, stressing the importance of continuing efforts to achieve all twinning objectives and ensure its effectiveness.

The eight-month institutional twinning aims to exchange knowledge and experience between both parties in areas such as modernizing management tools, improving governance, and developing mechanisms for promoting and targeting high value-added investments.

This program is expected to enable the Algerian Investment Promotion Agency to:

• Strengthen its institutional capacities in digitalization and the use of investment-related data;
• Develop economic analysis tools and target high value-added investments;
• Adopt best practices in promotion and project monitoring to ensure speed and transparency in public services provided to investors;
• Implement a more effective approach to attracting sustainable investments that contribute to wealth creation, job opportunities, and technology transfer.

February 17^th, 2026

The Director General of the Algerian Investment Promotion Agency, Mr. Omar REKKACHE, received on Tuesday, 17 February 2025, at the Agency’s headquarters, a delegation from the Turkish group HAYAT DHC, the global leader in the manufacturing of paper products and fast-moving personal and home care products.

The meeting focused on the major investment project that the group intends to implement in Algeria, consisting in the production of jumbo reels with an annual capacity of 70,000 tons. This project will contribute to strengthening national production of the raw material used in the paper industry and reducing imports. The project will also include the production of paper napkins (4,275 tons per year) and sanitary paper products (20,000 tons per year).

The value of this investment is estimated at DZD 13.4 billion, with expectations to create 960 direct jobs.

The group owns several globally leading brands in the field of household cleaning and personal care products, in addition to paper goods.

During the meeting, the official launch of the project was given after Mr. Rekkache handed over the investment registration certificate to the representatives of the Turkish group. On the same day, the remaining administrative documents related to the project will also be delivered at the Decentralized One-Stop Shop of Relizane, allowing the project to effectively enter the implementation phase.

After listening to a detailed presentation on the different stages of the project’s implementation, the Director General stressed the importance of progressively producing inputs locally in order to increase the integration rate in the final products. He also reaffirmed the Agency’s readiness to accompany the group in the implementation of additional industrial units or in facilitating the establishment of subcontracting projects, enabling the creation of a national subcontracting network and the provision of all favorable conditions to ensure the successful implementation of this project.

The Director General also encouraged the Turkish group—comprising 67 companies operating across multiple sectors in 17 countries—to expand and diversify its investments in Algeria, in addition to its current projects in the fields of household cleaning and personal care products, as well as paper goods. He reiterated the Agency’s commitment to providing full support and accompaniment in this regard.

February 17^th, 2026

As part of efforts to strengthen relations between the two friendly countries, the Embassy of Algeria and the Secretariat for the Promotion of Investment and Exports of Nicaragua organized, on 17 February 2026, a videoconference bringing together Algerian economic institutions and their Nicaraguan counterparts to explore prospects for cooperation and opportunities for investment and trade partnerships between the two countries.

In addition to H.E. the Ambassador of Algeria to Nicaragua, Mr. Ali MENGUELATI, the following officials on the Algerian side took part in the meeting:

• The Director General of the Algerian Investment Promotion Agency, Mr. Omar REKKACHE;
• The President of the Algerian Economic Renewal Council, Mr. Kamel MOULA;
• The Director General of the Algerian Chamber of Commerce and Industry, Mr. Chakib KOUIDRI;
• The Head of the Cabinet of the Ministry of Foreign Trade and Export Promotion, Ms. Maya OULD KOUIDER;
• The Director of Promotion and Support of Economic Exchanges at the Ministry of Foreign Affairs, Ms. Siham NAFAA;
• A Director of Studies and a Director of Studies and Synthesis at the Ministry of Internal Trade and National Market Regulation.

On the Nicaraguan side, the meeting was attended by:

• The Presidential Advisor for the Promotion of Investment, Trade and International Relations, Mr. Laureano Ortega Murillo;
• The Minister of Development, Investment and Trade, Mr. Edwin Ramirez Colindres;
• The Director of the Secretariat for the Promotion of Investment and Exports, Ms. Karina Mejia.

This meeting forms part of the joint efforts aimed at strengthening economic exchanges, identifying priority areas of cooperation, and ensuring direct contacts between economic operators from both countries.

Both sides commended the distinguished nature of the relations between the two countries, which are based on friendship and mutual respect.

During the conference, the Agency delivered a presentation on the business climate in Algeria, highlighting the country’s competitive advantages within its regional environment, as well as the incentives and facilitation measures offered to investors.

At the end of the meeting, both sides reaffirmed their shared commitment to promoting a promising economic partnership that reflects the available potential and meets the aspirations of the two friendly countries.

They also agreed to establish cooperation mechanisms through the designation of permanent focal points to follow up on discussions and translate bilateral cooperation opportunities into concrete projects.

February 10, 2026

The Director General of the Algerian Investment Promotion Agency (AAPI), Mr. Omar REKKACHE, together with the Wali of Oran, Mr. Ibrahim OUCHAN, presided on Tuesday, February 10, 2026, over the opening of the first edition of the “Mechanica Algeria” exhibition, organized in Oran by EVENTRADE.

The opening ceremony was attended by the Director General of Industrial Development at the Ministry of Industry, the Regional Director of Customs in Oran, the Regional Director for the Western Region of the Algerian Economic Renewal Council, as well as representatives of various ministerial departments and public institutions.

This specialized exhibition constitutes a comprehensive platform bringing together key operators in the mechanical industry, including vehicle manufacturers, automotive suppliers, spare parts producers, as well as operators in industrial subcontracting, with the aim of strengthening industrial integration and promoting national production.

In his address on the occasion, Mr. REKKACHE emphasized the strategic importance of this event, as it addresses one of the key challenges of the current phase, namely the development of industrial subcontracting as a fundamental lever to increase local integration rates, build integrated national value chains, and reduce external dependency, particularly given that a significant share of imports consists of components and parts that could be localized domestically, provided that a structured, qualified, and well-integrated subcontracting network is in place.

The Director General further explained that the success of any industrial investment remains closely linked to its reliance on a national network of qualified subcontractors capable of supplying components, spare parts, and industrial services in line with standards of quality, cost, and delivery timelines. He stressed that supporting industrial subcontracting is a strategic economic choice tied to sustainable growth and the development of a national economy that is less vulnerable to external fluctuations.

Mr. REKKACHE also highlighted the policy of the Algerian Investment Promotion Agency, which places the development of industrial subcontracting and the attraction of integrated investments at the core of its strategy, particularly in industrial sectors with a direct impact on increasing local integration rates. In this context, he referred to the Agency’s active participation in several meetings and specialized workshops in this field, including those organized by the Stellantis Group at both national and international levels, aimed at connecting investors, showcasing subcontracting opportunities in Algeria, and attracting operators capable of integrating into local supply chains. The most recent of these meetings was held in Turin, Italy, on February 1^st  of the current year.

He affirmed that this proactive approach aims to attract high-quality investments based on integration, knowledge transfer, and the establishment of sustainable industrial partnerships. In the same vein, he highlighted successful models and experiences in the field of industrial subcontracting, as well as the pivotal role played by the Agency in accompanying project holders through product development, quality improvement, and the expansion of production lines, thereby enhancing their competitiveness and their capacity to integrate into industrial value chains.

In conclusion, Mr. REKKACHE reaffirmed the commitment of the Algerian Investment Promotion Agency to continue its field efforts, both domestically and internationally, to attract productive investments based on subcontracting, as a genuine lever for increasing local integration rates and building a strong and competitive national industry. This also reflects the special importance attached by the President of the Republic to encouraging productive investment and supporting startup founders and industrial project holders, particularly those related to subcontracting and the enhancement of local integration.

He also expressed his hope that this exhibition would serve as a tangible economic opportunity to translate this strategic orientation into concrete outcomes, notably through the conclusion of direct subcontracting contracts between industrialists and operators in the field.